Dash to develop into a decentralized cloud cryptocurrency
Dash is entering a new phase of its life and evolving into a decentralized cloud cryptocurrency by presenting a platform that can support user data storage which that is verified by the blockchain and a decentralized API.

Share
Dash is going to start a quite new and different platform. In this network, data is held in the form of decentralized cloud service within the network.
This platform is comprised of four main parts; a decentralized API or DAPI, a Dash Drive, the Dash platform protocol, or DPP, and a username layer, or DPNS.
This platform is an application development one that leverages the Dash masternode network and blockchain through converting the peer to peer network into a decentralized cloud. Using DAPI or the decentralized application programming interface, clients can integrate their apps to the Dash platform. In the meantime, the clients are supported by the Dash Drive that enables them to transfer, store and retrieve application data, and to question the blockchain via a simplified interface.
According to Mark Mason, one of DAPI's perks is that it gives as much access and security as a full node gives having no extra cost and maintenance overhead.
The major impetus behind the whole platform is to blend a centralized solution user experience with the decentralized perks belonging to a permissionless network like Dash.
Being cloud-based means that all the user’s devices such as smartphones, tablets, and laptops access all data as synced.
Categories
Crypto Currency(5)
News
Twitter CEO Justifies President Trump’s Twitter account Ban and expresses his interest Bitcoin as a free technology
The attack on the Capitol last week is reason enough to ban Donald Trump’s Twitter account said Jack Dorsey, the CEO of Twitter, while he also appreciated Bitco ...
JAN 14, 2021
Did you know that there are 3 types of Bitcoin addresses? Legacy, Nested SegWit and Native SegWit
Anyone who has been dealing with Bitcoin knows that to transfer any amount of BTC you need a Bitcoin address, and that there are 3 types of addresses; Legacy, N ...
JAN 13, 2021
Nexon rejects claims of its intentions on buying Bithumb
Rumor had it that last week, a South Korean video game company had made a generous offer to buy an exchange for approximately $460 million. ...
JAN 11, 2021
You may lose all your money if you are trading Crypto
A grim warning to crypto-traders was issued by Britain’s financial watchdog when Bitcoin surged again after a dip. ...
JAN 11, 2021
Tags
Blockchain
platform
Decentralized API
Dash